Kansas City Life Insurance (OTCMKTS:KCLI) Shares Cross Above 200 Day Moving Average - Time to Sell?

Key Points

• Kansas City Life Insurance shares have recently crossed above their 200-day moving average, signaling potential changes in market sentiment.
• The company reported $0.77 earnings per share for the last quarter, but also exhibited a negative net margin of 7.77%.
• Kansas City Life Insurance announced a quarterly dividend of $0.14, yielding 1.7% annually, despite a negative payout ratio.

Kansas City Life Insurance Co. (OTCMKTS:KCLI - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $31.75 and traded as high as $32.55. Kansas City Life Insurance shares last traded at $32.25, with a volume of 657 shares trading hands.

Kansas City Life Insurance Price Performance

The stock's 50-day moving average price is $32.81 and its 200-day moving average price is $31.75. The company has a market cap of $312.13 million, a P/E ratio of -8.33 and a beta of 0.51.

Kansas City Life Insurance (OTCMKTS:KCLI - Get Free Report) last announced its earnings results on Friday, August 1st. The financial services provider reported $0.77 earnings per share (EPS) for the quarter. The company had revenue of $122.30 million during the quarter. Kansas City Life Insurance had a negative net margin of 7.77% and a negative return on equity of 0.31%.

Kansas City Life Insurance Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 13th. Stockholders of record on Thursday, August 7th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.7%. Kansas City Life Insurance's payout ratio is presently -14.47%.

Kansas City Life Insurance Company Profile

Kansas City Life Insurance Company provides insurance products and services in states and the District of Columbia. It operates through three segments: Individual Insurance, Group Insurance, and Old American. The Individual Insurance segment consists of individual insurance products for Kansas City life, Grange life, and the assumed reinsurance transactions.

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